Peru Petroleum Oils HS271019 Export Data 2025 October Overview

Peru Petroleum oils (HS Code 271019) exports in October 2025 show the US as the top market (38.17% share) with refined grades, while Panama receives bulk lower-grade volumes, per yTrade data.

Peru Petroleum Oils (HS 271019) 2025 October Export: Key Takeaways

Peru Petroleum oils (HS Code 271019) exports in October 2025 reveal a high-value focus on the US, where premium pricing suggests refined grades, while bulk shipments to Panama indicate lower-grade volumes. The US dominates by value (38.17% share), highlighting market concentration risk, while regional partners like Chile and Brazil provide stability. This analysis, covering October 2025, is based on cleanly processed Customs data from the yTrade database.

Peru Petroleum Oils (HS 271019) 2025 October Export Background

What is HS Code 271019?

HS Code 271019 classifies Petroleum oils and oils obtained from bituminous minerals; other than crude. These products are critical for industries such as transportation, manufacturing, and energy, where they serve as fuels or lubricants. Global demand remains stable due to their essential role in industrial and commercial operations.

Current Context and Strategic Position

As of October 2025, Peru maintains steady export volumes of HS Code 271019 products, with annual trade values reaching approximately $2.1 billion USD [FreightAmigo]. The country benefits from tariff preferences under Decision 0735/12, facilitating trade with key partners like Chile and other Latin American markets. Peru’s strategic position as a regional supplier underscores the need for vigilance in monitoring trade policies and market shifts for Petroleum oils exports in 2025.

Peru Petroleum Oils (HS 271019) 2025 October Export: Trend Summary

Key Observations

Peru Petroleum oils exports under HS Code 271019 reached $327.78 million in value and 445.24 million kg in volume during October 2025, marking the highest monthly performance of the year.

Price and Volume Dynamics

The October figures represent a strong sequential improvement, with value rising 17% from September and volume climbing 23%. This surge aligns with typical fourth-quarter industrial demand cycles, as regional manufacturers and logistics sectors often stockpile fuel ahead of year-end operational peaks. The growth trajectory—evident since mid-year—reflects sustained export momentum rather than isolated volatility, with cumulative 2025 trade flows remaining robust under existing tariff frameworks [FreightAmigo].

External Context and Outlook

Peru’s steady export regime under Decision 0735/12 tariff preferences (FreightAmigo) has facilitated consistent trade flows to key partners like Chile and Vietnam, supporting October’s volume spike. With no new policy disruptions reported, the outlook remains stable, though global oil price movements and regional demand shifts could influence near-term performance. The absence of trade barriers reinforces Peru’s position as a reliable supplier in the Latin American petroleum market.

Peru Petroleum Oils (HS 271019) 2025 October Export: HS Code Breakdown

Product Specialization and Concentration

In October 2025, Peru's export of Petroleum oils under HS Code 271019 is highly concentrated, with sub-code 2710191510 dominating at 66% of the total export value. According to yTrade data, this sub-code has a unit price of 1.00 USD per kilogram, reflecting a standardized medium oil product that forms the core of Peru's export portfolio for this category.

Value-Chain Structure and Grade Analysis

The non-dominating sub-codes fall into two main groups based on unit price: lower-grade bulk oils, such as 2710192210 at 0.46 USD per kilogram, and higher-grade specialized preparations, like 2710193800 at 2.16 USD per kilogram. This split indicates a market structure with differentiated products rather than fungible commodities, catering to diverse industrial applications and quality requirements.

Strategic Implication and Pricing Power

Peru's export strength in the dominant medium oil segment provides some pricing power, but the variety of grades necessitates a balanced strategy focusing on volume for bulk oils and quality for premium offerings. According to [FreightAmigo], Peru's trade in these oils remains stable, supporting consistent revenue streams without major policy shifts in October 2025.

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Peru Petroleum Oils (HS 271019) 2025 October Export: Market Concentration

Geographic Concentration and Dominant Role

In October 2025, the United States was the top destination for Peru Petroleum oils HS Code 271019 Export by value, with a value ratio of 38.17 compared to a weight ratio of 16.68. This disparity suggests that exports to the US are likely higher-grade or more refined oils, as they command a higher price per kilogram.

Partner Countries Clusters and Underlying Causes

The export partners cluster into three groups: first, the US for premium markets; second, Panama with a high weight ratio of 47.66 but lower value ratio, indicating bulk shipments of lower-grade oils, possibly for transshipment; and third, regional countries like Chile, Brazil, and Ecuador, where proximity and trade ties support steady flows. Chile is a key market, with Peru exporting significant volumes under this code [WTO Tariff & Trade Data].

Forward Strategy and Supply Chain Implications

Exporters should prioritize high-value markets like the US to maximize revenue, while ensuring efficient logistics for bulk shipments to hubs like Panama. The stable trade environment for Peru Petroleum oils supports continued focus on these routes without major policy changes.

Table: Peru Petroleum Oils (HS 271019) Top Partner Countries (Source: yTrade)

CountryValueQuantityFrequencyWeight
UNITED STATES89.09M63.78K365.0052.48M
PANAMA65.64M156.59K67.00150.00M
CHILE17.87M139.37K245.0029.01M
BRAZIL12.15M27.74K320.0025.63M
ECUADOR8.66M6.39K699.005.14M
MEXICO************************

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Peru Petroleum Oils (HS 271019) 2025 October Export: Buyer Cluster

Buyer Market Concentration and Dominance

According to yTrade data, for Peru Petroleum oils Export in 2025 October under HS Code 271019, the buyer market is extremely concentrated, with one segment of high-value and high-frequency buyers accounting for 99.84% of the total export value. This dominant group, represented by companies like Terpel Comercial del Peru and Petroleos del Peru, drives the market through frequent, large-scale purchases, indicating a commodity trade heavily reliant on a few key players. The overall market for these four segments of buyers is defined by high transaction frequency and substantial value per deal, centered around major industrial consumers.

Strategic Buyer Clusters and Trade Role

The remaining buyer segments play minor but distinct roles. Buyers with high value but low frequency make occasional large orders, possibly for specialized or project-based needs, contributing minimally to value. Those with low value but high frequency engage in small, regular purchases, likely serving local or niche markets. Lastly, buyers with low value and low frequency but high quantity share handle bulk shipments at lower unit values, suggesting involvement in secondary or distribution channels without significant value impact.

Sales Strategy and Vulnerability

For exporters in Peru, the strategy must prioritize nurturing relationships with the dominant high-value buyers to maintain revenue stability, while exploring opportunities in other segments to diversify and reduce dependency risks. The sales model should focus on volume-based contracts and reliable supply chains to cater to frequent high-volume demand. Recent trade reports, such as those from FreightAmigo, confirm steady export volumes, underscoring the importance of this approach to mitigate vulnerabilities from market concentration.

Table: Peru Petroleum Oils (HS 271019) Key Buyer Companies (Source: yTrade)

Buyer CompanyValueQuantityFrequencyWeight
REFINERIA LA PAMPILLA S A162.07M299.30K197.00276.95M
AIR BP PBF DEL PERU S.A.C86.62M55.11K304.0044.09M
PETROLEOS DEL PERU PETROPERU SA38.94M168.17K1.47K62.48M
FUEL LOGISTICS SOCIEDAD ANONIMA************************

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Peru Petroleum Oils (HS 271019) 2025 October Export: Action Plan for Petroleum Oils Market Expansion

Strategic Supply Chain Overview

Peru Petroleum oils Export 2025 October under HS Code 271019 is driven by two core factors. Price depends heavily on product grade and destination market. High-value buyers in the US pay premium prices for refined oils. Bulk buyers in Panama accept lower prices for heavier shipments. The supply chain must support both high-value precision logistics and high-volume transport. Peru acts as a processing hub, balancing quality and volume demands. This structure creates revenue stability but also concentration risk.

Action Plan: Data-Driven Steps for Petroleum oils Market Execution

  • Segment shipments by buyer type and destination using HS Code sub-data. This allows customized pricing and logistics for each market segment, maximizing value.
  • Diversify export destinations beyond the US and Panama by analyzing regional trade flows. Reducing dependency on a few markets lowers geopolitical and demand risks.
  • Optimize logistics for bulk and premium oils separately. High-value oils need secure, fast routes to the US, while bulk oils require cost-efficient shipping to hubs like Panama.
  • Negotiate long-term contracts with high-frequency buyers using volume data. Locking in stable deals ensures predictable revenue and reduces market volatility.
  • Monitor real-time trade data for buyer behavior shifts. Early detection of changes in order patterns helps adjust production and avoid overstock or shortages.

Risk Mitigation and Forward Strategy

Traditional market analysis misses key details like sub-code variations and buyer frequency. Relying only on aggregated data creates blind spots in pricing and planning. Use detailed HS Code and buyer analytics to protect against supply chain disruptions. Focus on data-driven decisions to maintain Peru's role as a reliable oil exporter. This approach ensures better profit margins and long-term market stability.

Take Action Now —— Explore Peru Petroleum oils Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Peru Petroleum oils Export 2025 October?

Peru's petroleum oils exports surged in October 2025, with a 17% value increase and 23% volume growth from September, driven by seasonal industrial demand and stable trade policies. The high concentration of high-value buyers and differentiated product grades further supported this momentum.

Q2. Who are the main partner countries in this Peru Petroleum oils Export 2025 October?

The United States (38.17% value share), Panama (47.66% weight share), and regional partners like Chile, Brazil, and Ecuador dominate Peru's petroleum oils exports, reflecting a mix of premium and bulk trade flows.

Q3. Why does the unit price differ across Peru Petroleum oils Export 2025 October partner countries?

Price differences stem from product specialization: the US receives higher-grade oils (e.g., sub-code 2710193800 at 2.16 USD/kg), while Panama imports bulk lower-grade oils (e.g., 2710192210 at 0.46 USD/kg).

Q4. What should exporters in Peru focus on in the current Petroleum oils export market?

Exporters should prioritize relationships with dominant high-value buyers (e.g., Terpel Comercial del Peru) while diversifying into niche segments to reduce reliance on concentrated markets like the US and Panama.

Q5. What does this Peru Petroleum oils export pattern mean for buyers in partner countries?

US buyers access premium-grade oils, while Panama serves as a bulk hub. Regional partners benefit from steady, proximity-driven flows, ensuring reliable supply for industrial and distribution needs.

Q6. How is Petroleum oils typically used in this trade flow?

Peru's petroleum oils cater to diverse industrial applications, from standardized medium oils for general use to specialized preparations for high-grade refining or niche markets.

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